The Google Wave Preview has been available to one million+ people for over three months now, but…
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Wave combines features from email, instant messenger, Google Docs, wikis, and forums and throws its own spin on things. For a quick visual of its offerings versus similar tools, check out this feature-by-feature comparison table.

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(Click the image below for a closer look.)

You'll notice that Wave doesn't have a green yes in every cell in its column; it's still missing functionality that's holding it back from being a viable alternative in a production environment—specifically, user permissions (everyone can edit everything) and the ability to export a wave or publish it so that anyone can see its contents (not just folks logged into Wave).

This table is slated to go into chapter 1 of the first edition of The Complete Guide to Google Wave, so give me a shout if you've got ideas for how to polish it up before we rev up the printers.

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We've updated the chart to reflect Google Docs' revision control features, previously mislabeled as a "No".